public by lawyers for some of the victims after a legal settlement. one person was killed in a shooting at purdue university in indiana today. the suspects were rendered within minutes and did not hurt anyone. the police believe the victim was targeted, but they don't know why. "real money" is next. >> an energy emergency, the all out effort to get fuel to the homeowners who are trying to stay warm during the storm. and there is a source of grg source of problems for people. and an i'm david shuster, and this is real money.

>> this is rail money and you are the most important part of the show. join live conferenc us live.. >> a storm is bearing down on the united states. a foot of snow along the i-95 corridor that connects washington, d.c. to boston, the reaction of people has been disrupted. sand and assault used to keep the roads safe are in short supply. new jersey officials say they're relaxing rules for salt deliveries to get them to road crews faster. the city of new hampshire and chicago are taking on the storm with half of their weather budgets already gone.

today's disruption to air travel is much wider with flights grounded all across the country. the worst effected airports are philadelphia international and laguardia. flights were canceled and close to 2600 were delayed. the u.s. airline industry lost as much as $100 million earlier this month from the previous winter storm. it's still too early to tell what this storm will cost the airplanes. thethey plan for $1.4 billion in weather catastrophes, but it could effect other industries. as most americans try to stay warm at home, but it comes with its own costs. the energy emergency, issued

warnings of low supplies of gas and propane, and the federal got has extended emergency transit orders in place from the last storm. the goal is to expedite supplies from states. millions of people depend on propane to heat their homes. farmers used up supplies that heat and dry corn crops. minnesota with the high temperature today average zero degrees fahrenheit. we have that report. >> reporter: living in the city is something that you take for granted. you flip on the switch and the heat comes on. >> his family depends on propane to stay warm. he's one of some 14 million people in rural areas across the u.s. dependent on propane in. >> out here if i don't have that

tank former, we're not going to have a warm house to come home to or cook our meals. >> but severe winter storms have caused a major propane shortage. local suppliers are start to go pan. >> okay. we don'panic. >> we don't o know when we're getting it. >> relicting strict trucking ruletrucktruck--relaxing strictg rules to get propane to areas. and low demand has driven prices even higher. >> it's over $2 and it keeps rising. >> you do what you need to do to get it done and get it paid for. >> the propane gas shortage presents particular challenges in ohio where 6% of all

households use propane to heat their homes. and supply dwindles and demand rises, many are suffering, the propane supplier said its running at half its capacity right now. greg wood joins us from company headquarters in sandusky, ohio. it is on lake erie. i know you're used to coiled storms and winters, but what makes this year particularly different? >> well, it's been quite some time since we've had this bone-chilling weather that starts early in december and moves on into january. it's been a big problem. >> how are you trying to get some of yours customers the propane that they need? >> well, what we've done is we've taken our supply and distributed and limiting the amount of gallons we'll deliver to each customer to help keep inventory to help our customer base.

>> that must irritate customers when they run low on propane, and they're told, well wait a minute, you've hit your quota. >> it's not a quota basis. we talked to those customers before we made the delivery, and we leave them with at least two if not three weeks' supply, and we assure them that we'll be back to replenish their supply in a two- to three-week period. >> this supply, tell us about how it effects your business? >> well, it's our obligation to keep our customers in heat. we all have families, and we vallevalue what they're trying . it's difficult to balance the supply given the demand with low temperatures and the high winds, people burn more product, and we're making every effort to make sure that all of our customers are provided for this season. >> in addition, i understand

your the president of the propane gas association. what are you hearing from other propane suppliers, and how concern ready they? >> we all have concerns about supply because we have infrastructure issues we're trying to deal with this time of year. we all have concerns, and the concerns are all about our customers. everybody has been working diligently to provide for their customer base. >> what is one word of advice for someone who relies on propane and they're concerned about supply. how do you conserve propane, what do you suggest to them? >> they can certainly turn the thermostat down a little bit, keep the doors close and if they have a fireplace don't hesitate to use it. >> thank you for coming on the show.

>> there was yet another reminder that we talked about before on shoot, transporting fuel can sometimes be dangerous. a freight train carrying fruit oil derailed in georgia. fortunately there was no fire and no one hurt, that's the good news. but there has been a string of mishaps. ilast year 1.16 million gallons have been spilled. that's more than in previous 68 years bined. bine--combined. this is a story that we will follow. why overdraft protection can do you more harm than good. and the world titans of business

industry with high hopes at an european mountain retreat, ali velshi is in switzerland, and we'll have a preview and all that and more as real money continues. first sense the conflict began nearly three years ago. syria's bloody civil war has killed more than 100,000 people and displaced millions of others. more than half a million threing the conflict are now in neighboring turkey. many of them are living outside refugee camps. he spent some time with several refugees and nick, good to see you, what are those people saying to you? those syrians? >> yeah, tony, these are stories of absolutely

heartbreak, and inside syria they have all fled horrific very violent fighting and just give you one statistic, one out of every three homes inside syria has been destroyed or damaged. and so that's why these people have to leave, they feel like their lives depend on them leaving. they are fleeing to lebanon, fleeing to jordan, as you said thereforing also to turkey where i was over >> every sunday night, al jazeera america presents... award winning films telling stories... >> she doesn't wanna come as someone who was manipulative. >> revealing secrets... >> information became our most powerful weapon... >> taking chances... >> everyone that was involved in the clandestant movement, had a code name. >> each week, a new eye opening experience. >> now they're going to go to jail... >> al jazeera america presents... remarkable documentaries

>> american banks are now making tens of billions of dollars each year from overdraft fees. these are the fees slapped on many of you and me whenever we spend more money than we have in our checking accounts. the consumer financial protection bureau say that it may put some consumers at grave risk of financial harm, and the decks have been stacked in favor of the banks and against checking account users across the nation. >> jacqueline, a mother of two who lives in brooklyn learned the hard way about the potential dangerous of swiping her credit card. >> sometimes i have $300 in ov overdraft fees alone. they keep charging insufficient funds. the amount of overdraft payments that i had to make when they take those overdraft payments i didn't have enough left to pay the rent.

>> americans continue to rack up overdraft fees with 27% of all consumer accounts experiencing at least one overdraft fee in 2011. >> even though banks only make 5% of their total revenue from checking accounts, overdraft fees are a huge profit. how big? last year u.s. banks raked in over draft fees totaling $32 billion. overdraft protection allows the bank customer to overdraw their checking account even if there is no money left in it. the american banking association said it's a service customers elect to have, and critics contend that overdraft protection is more like a loan with an interest rate as high as 5,000%. many consumers don't even know they've opted in for over draft protection because it's often buried in disclosure statements

like this. many believed they did not opt in the coverage, and 75% said they would rather have the transaction declined. >> the form is not very clear. so you know, when you're opening a new account the banker is handing you pieces of paper if you sign away, you've just opted into the most expensive form of overdraft. >> reporter: even nor disturb something how some banks calculate overdraft fees. many banks engage in transaction reordering. here is how it works. in this sample account the transaction charges are processed in chronological order causing the account to be overdrawn by $23 strugglering a penalty fee from a bank. when the bank reorders the transaction charge, the checking account ichecking--the from thet

amount to the lowest, the bank has just boosted its fees by 300%. we asked several banks to tell us why they reorder from highest to lowest, most did not respond. but one bank did defer to the american banking association that said some customers paying the largest transaction is important because it insures payments like mortgages, rent and credit card bills will be paid. many financial institutions have been sued because of this high to low transaction reordering, and today 14 banks including bank of america and jp morgan has settled to the tune of $8 million. >> a lot of banks have stop doing this because of litigation. but in their disclosure agreements they all say we reserve the right to changes the

terms and conditions of these accounts at any time. while they stopped doing it now, they can start doing it again at a later date. >> one bank did confirm that it still processes transactions from the highest to lowest amount. adding offer that it didn't charge overdraft fees for any items below $5. congresswoman carol maloney on the left wants to make banks more accountable and is cosponsoring a bill that would require more transparency from the banks and regulate the overdraft fees they charge. >> i've seen oftentimes a consumer will make three, four, five, six small purchases and end up with $300 to $500 in overdraft fees. this is unfair. then they're trapped with interest rates that they have to pay off that keeps them in a cycle of poverty. >> it's a lesson jacqueline has learned all too well. >> i had it with these overdraft fees. i closed that account, and i

decided to get a bank that is safer, that doesn't do this kind of tricks. >> for now the consumer federal protection bureau recommends that you track your balances carefully and link your checking account to your savings accounts rather than opting into ove overdraft plans. how do you keep from paying overdraft fees? laura says: >> robert says: >> you can tell us what you think by tweeting us at al ali velshalivelshi. >> david lazarus, a consumer

columnist at the "l.a. times," david, why is this overdraft fee hitting so many checking account consumers? >> well, let's face it, we're not the best managers of our money. that's our birth right of americans to throw our money around willy-nilly. there are a few things to keep in mind when we look at overdraft fees. the owe new ownus is on us to kk of our money. unless you have a burning jones to go out and support the ban banking industry with these billions of dollars of fees racking up, do something about it, and there are tools at your disposal that will help you not get caught in the overdraft fee vortex. >> what are some of those tools? >> well, the first thing as we heard, opt out from overdraft protection. since 2010 federal law has given you the power and the right to step away from that, and it's

just smart. if you don't have the money to cover a transaction, this will just cut off the transaction. now there is a couple of things. paper check don't apply to this, and recurring payments don't apply but basically as you're throwing your debit card around, if you opt out, boom. if the money is not in your account it's not going to go through. that's just smart. also set up notifications if you're approaching a certain threshold in your checking account. let's say that you get down to the last $70, $50, you get a text in e-mail saying you're running low in the well and you should stop spending. all you have to do is be proactive, go to the bank and set it up. finally be smart about your money. if you don't have it, don't spend it. >> is is it like the banks like the airplanes, everything comes with a fee, and if you don't know about it, too bad.

that's the way business is done these days. >> i hate to be so cynical to say yes, but yes, that's the way it is. banks have figured out fee revenue makes up the lyon share of the money coming in, not just overdraft charges but all the fees that come together. when they look at how they're going to keep their shareholders happy on a quarterly basis, it's all about the fees. the fees of talking to a teller, paying a bill over the phone now comes with fees. and they're trying to come up with new fees to slap you with. first of all, if you go outside of your network with your atm card the bank bank that you're g money out of hits you with a fee, which i understand. and then your own banks hits with you a fee for having the temerity for going to another bank, and there you have two fees.

>> some person-to-person interaction. >> i like this, because the community banks have every incentive to want to be aggressive and want to be competitive to keep your business. therefore, they're going to try to get a relationship with you. and on top of that once they get that relationship the last thing you want to do is cheese you off with all these nickel-and-dime fees. so oftentimes they're going to be friendlier to deal with. i would advise people check out credit unions because they often have consumer friendly policies as well. they're smaller. they want your business, and they'll try to fight to get it. >> david lazarus, consumer columnist with "the l.a. times." dave, always great to have you on. thank you for coming on tonight. >> thank you. >> warren buffet, the billionaire investor along with his company is offering a $1 billion prize to anyone who correctly predicts the winners of all 63 games in mash madness. the odds of randomly picking the

perfect bracket is 1 in 9 quintillion, but you never know. the world's political elite, there will be corporate executives, rock stairs, and actors in attendance and ali velshi is covering them all at his look at the world economic forum. we have that story and more as "real money" continues. water, who are in these u.n. compounds and they are the

>> lisa fletcher is here now with what is ahead on the stream. we have the new fly list and the first person who managed to get herself off of it. >> it took only eight years and $3.8 million. her case may open the door to transparency of who is on the list and how you get there. >> wasn't ted kennedy on the list at one time? >> yes, and infants and nelson mandela. we'll look at how there are fewer of them while protecting american interests. >> that's "the stream" right after "real money."

>> the international monetary fund has just delivered a new positive outlook on the global economy. now predicting growth of 3.7% up from 3% in 2013. the group said the united states is seeing increasingly solid gains and can expect the economy to throw a percentage point more than last year. but the imf is warning deflation when the prices of goods and assets are falling could put the global recovery at risk. risk to the global economy are our key focus to the business and political leaders gather in switzerland for the annual meeting for the world economic forum. ali velshi is with them and has this look at an exclusive event that equationally makes news, and always attracts attention. >> reporter: this is davos, a

snow-capped ski town perched 5,000 feet above sea level it'ss billed as the last beer stop before heaven. once a year this sleepily alpine village is transformed as a gathering spot for the world's elite to discuss solutions to the world's pressing financial problems. >> they'll hone in on technological innovation, on the lingering effect of the recession on the world's middle class and the growing riff between the rich and the poor. this is the third straight year that the world economic forum has named global income inyo inequality as crisis. >> reporter: but some could seem out of place at an alps village.

half of the world is made up of women, and yet only 16% of the participants at the world economic forum are. but for the next week more than 2500 of these movers and shakers will displace locals and strung through snow-covered streets and into the town's few hotels and restaurant. the world economic forum is not for the budget travelers. the ticket costs $20,000 plus more for lodging and airfare. protesters commonly seen at other economic events are hard pressed to reach this snow-capped summit, but it does not stop journalists from flocking here with guests such as bill gates, christine lagard and hassan rouhani, it could soon become a snooze fest. there are real world issues to grapple with, and they've had some successes in the past.

in 1979 the forum partnered with china just as that nation embraced economic reform. in 1987 west germany urged participants to give gorbachev a chance. that was considered a turning point in the cold war. and then leaders met in davos to form their reform. five years after a near financial collapse that plunged millions into poverty many are still cautious about the recovery despite signs of an improving global economy. this forum is meant to helped plot the way forward. ali velshi, al jazeera at the world forum in davos. >> that's airline airline reporting in switzerland. he'll bring us interviews with business leaders and officials.

we have one with christine lag lagard on thursday. how do you avoid fees at your bank, log on and leave us your story. this has been another challenging day in west virginia. even though state officials lifted a contamination order on drinking water three days ago some people continue to smell chemicals, and these residents say as long as the smell persists they will not drink the water or trust the safety claims of officials. this may an set back in customers, but not in west virginia. as one restaurateur told us, they will continue to use bottled water in their pizza dough despite being told that water is safe.

they believe as many businesses do that the quality of your product and experience of your customer should be paramount. good for them. these entrepreneurs are underscoring that business is part of the from a brick of the broader community and should exist to make life better for the citizen who is live there. thanks to mario's pizza shop and others who keep their high standards life in west virginia will, indeed, get better. that's our show for today. on thursday ali velshi goes head to head with some of the world's most powerful people in davos, switzerland. thanks for joining us, everybody.

>> hi, i'm lisa fletcher and you're in "the stream." are some of the secrets of the no fly list about to be revealed? for the first time, a judge ordered one person taken off the list. does that open the door to more transparency? you're digital producer, raja is here. and while it's very easy for people to be critical of the no-fly list, we saw that all day long, but w